Public Choice Economists Often Explain Low Voter Turnouts in Terms

question 19

Multiple Choice

Public choice economists often explain low voter turnouts in terms of

• A) dissatisfaction of many voters with the limited choice of candidates.
• B) lack of civic responsibility of the electorate.
• C) net costs of voting that many voters perceive.
• D) rational ignorance of many voters of the actual date of the elections.

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Definitions:

Contribution Format

An income statement format that separates fixed and variable costs, highlighting the contribution margin of products sold.

Sales Volume

The quantity of products or services sold within a specific period, not taking into account the sales price.

Unit Product Costs

The total cost associated with producing a single unit of product, including labor, materials, and overhead.

Variable Costing

An accounting method that only includes variable production costs in product costs, excluding fixed manufacturing overhead.